Omnicom Group Inc (OMC)
Days of sales outstanding (DSO)
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Receivables turnover | 1.70 | 1.80 | 1.79 | 1.88 | 1.70 | 1.99 | 1.93 | 2.03 | 1.76 | 2.19 | 2.03 | 2.02 | 1.69 | 1.97 | 1.93 | 1.99 | 1.69 | 2.15 | 2.64 | 2.23 | |
| DSO | days | 215.01 | 202.75 | 203.52 | 193.93 | 215.14 | 183.41 | 189.56 | 179.98 | 206.83 | 167.01 | 180.19 | 180.84 | 216.42 | 184.84 | 189.44 | 183.54 | 216.53 | 169.59 | 138.21 | 163.99 |
December 31, 2024 calculation
DSO = 365 ÷ Receivables turnover
= 365 ÷ 1.70
= 215.01
Omnicom Group Inc's Days Sales Outstanding (DSO) is an important metric that measures how long it takes the company to collect payment from its customers after making a sale. A higher DSO indicates that the company is taking longer to collect payments, which can tie up cash flow and indicate potential issues with accounts receivable management.
Analyzing the trend in Omnicom's DSO over the past few periods, we observe fluctuation in the metric. For example, the DSO was relatively high at 216.53 days on December 31, 2020, but decreased to 167.01 days on September 30, 2022, before increasing again to 215.01 days on December 31, 2024.
Overall, the trend in DSO for Omnicom Group Inc shows variability, indicating potential challenges in managing accounts receivable efficiently. It is important for the company to closely monitor and manage its DSO to ensure timely collection of payments and maintain healthy cash flow.
Peer comparison
Dec 31, 2024